Price has formed a megaphone
2 options I see for next week,
1.we either fake up 1 more time to resistance around 177 then head lower
2. The pullback starts right away and we head back to trendline support around 170.
2 options I see for next week,
1.we either fake up 1 more time to resistance around 177 then head lower
2. The pullback starts right away and we head back to trendline support around 170.
Comment:
Possible falling wedge forming here.. careful if your short